Stacy W. Hilgendorf - Mar 14, 2023 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role: VP, Controller
Signature: /s/ Brandon F. Lombardi, Attorney-in-Fact for Stacy W. Hilgendorf
Stock symbol: SFM
Transactions as of: Mar 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/15/2023, 09:00 PM
Previous filing: Mar 10, 2023
Next filing: Mar 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SFM	Common Stock, par value $0.001 per share	Award	$0	+4.64K	+49.1%	$0.00	14.1K	Mar 14, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 14, 2024; one-third vesting on March 14, 2025; and one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date.
F2	Includes, in addition to the 4,640 shares described in Note (1), 2,633 shares of common stock and 6,818 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 2,048 restricted stock units will vest evenly over two years on March 16, 2023 and March 16, 2024 and 4,770 restricted stock units will vest evenly over three years on March 15, 2023, March 15, 2024 and March 15, 2025. All such vests assume continued employment through the applicable vest date.

Content

Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 14, 2024; one-third vesting on March 14, 2025; and one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date.

Includes, in addition to the 4,640 shares described in Note (1), 2,633 shares of common stock and 6,818 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 2,048 restricted stock units will vest evenly over two years on March 16, 2023 and March 16, 2024 and 4,770 restricted stock units will vest evenly over three years on March 15, 2023, March 15, 2024 and March 15, 2025. All such vests assume continued employment through the applicable vest date.